King Yuan Electronics Co (KYEC, 京元電子) yesterday said that its operations in Miaoli County are continuing, despite COVID-19 cluster infections at its factories there, as it has reallocated its labor force after about 2,100 of its migrant workers were quarantined on Friday last week.
While production volume has fallen, factories are still operational, as local workers have been reassigned to fill the gaps, the IC testing and packaging service firm said.
The company said that output and revenue this month would each drop by 30 to 35 percent, more than its previous estimate of 4 to 6 percent.
Photo: CNA
KYEC’s revenue last month grew 10.72 percent year-on-year to NT$2.86 billion (US$103.2 million), while cumulative revenue in the first five months of this year expanded 8.87 percent to NT$12.17 billion.
The company’s major clients include Intel Corp, Qualcomm Inc, MediaTek Inc (聯發科), Nvidia Corp, STMicroelectronics NV, Xilinx Inc, Novatek Microelectronics Corp (聯詠科技), Will Semiconductor Co (韋爾半導體), Renesas Electronics Corp, Robert Bosch GmbH, Winbond Electronics Corp (華邦電子) and Murata Manufacturing Co, company data showed.
KYEC said that it has not lost any clients or orders.
The company employs more than 7,000 people, about 2,100 of whom are migrant workers. The firm on Friday last week suspended work by migrant workers at its factories for 14 days, after a COVID-19 cluster was reported at its factories in Miaoli County’s Jhunan Township (竹南).
As of Sunday, more than 130 KYEC factory workers had been confirmed to have COVID-19, 65 of whom were new infections reported that day, the Miaoli County Government said.
Fifty-five of the new cases were migrant workers, while the other 10 were Taiwanese, it said.
The Central Epidemic Command Center reported that 206 people, including 180 migrant workers, were on Sunday confirmed to have COVID-19 at three different technology companies in Miaoli County.
The center said that all migrant workers at the three companies must be quarantined for 14 days at government designated centers or at home, depending on their exposure risk, adding that they would all continue to receive full pay.
KYEC resumed operations on Sunday night at lower-than-normal production volume, acting spokesman Aaron Chang (張垂欽) said.
“Once migrant workers return to production lines in two weeks, the company will speed up production to make up for the losses,” he said. “The company sees no major impact on its annual finances.”
Additional reporting by Bloomberg
Japan has deployed long-range missiles in a southwestern region near China, the Japanese defense minister said yesterday, at a time when ties with Beijing are at their lowest in recent years. The missiles were installed in Kumamoto in the southern region of Kyushu, as Japan is attempting to shore up its military capacity as China steps up naval activity in the East China Sea. “Standoff defense capabilities enable us to counter the threat of enemy forces attempting to invade our country ... while ensuring the safety of our personnel,” Japanese Minister of Defense Shinjiro Koizumi said. “This is an extremely important initiative for
The nation’s fastest supercomputer, Nano 4 (晶創26), is scheduled to be launched in the third quarter, and would be used to train large language models in finance and national defense sectors, the National Center for High-Performance Computing (NCHC) said. The supercomputer, which would operate at about 86.05 petaflops, is being tested at a new cloud computing center in the Southern Taiwan Science Park in Tainan. The exterior of the server cabinet features chip circuitry patterns overlaid with a map of Taiwan, highlighting the nation’s central position in the semiconductor industry. The center also houses Taiwania 2, Taiwania 3, Forerunner 1 and
MORE POPULAR: Taiwan Pass sales increased by 59 percent during the first quarter compared with the same period last year, the Tourism Administration said The Tourism Administration yesterday said that it has streamlined the Taiwan Pass, with two versions available for purchase beginning today. The tourism agency has made the pass available to international tourists since 2024, allowing them to access the high-speed rail, Taiwan Railway Corp services, four MRT systems and four Taiwan Tourist Shuttles. Previously, five types of Taiwan Pass were available, but some tourists have said that the offerings were too complicated. The agency said only two types of Taiwan Pass would be available, starting from a three-day pass with the high-speed rail and a three-day pass with Taiwan Railway Corp. The former costs NT$2,800
FIRST TRIAL: Ko’s lawyers sought reduced bail and other concessions, as did other defendants, but the bail judge denied their requests, citing the severity of the sentences Former Taipei mayor Ko Wen-je (柯文哲) was yesterday sentenced to 17 years in prison and had his civil rights suspended for six years over corruption, embezzlement and other charges. Taipei prosecutors in December last year asked the Taipei District Court for a combined 28-year, six-month sentence for the four cases against Ko, who founded the Taiwan People’s Party (TPP). The cases were linked to the Core Pacific City (京華城購物中心) redevelopment project and the mismanagement of political donations. Other defendants convicted on separate charges included Chinese Nationalist Party (KMT) Taipei City Councilor Angela Ying (應曉薇), who was handed a 15-year, six-month sentence; Core Pacific
RSS